Who owns Ascendas?
Who owns Ascendas?
CapitaLand Investment
Ascendas Reit is managed by Ascendas Funds Management (S) Limited, a wholly owned subsidiary of Singapore-listed CapitaLand Investment, a leading global real estate investment manager with a strong Asian foothold.
What type of REIT is Ascendas?
business space and industrial Real Estate Investment Trust
Ascendas Reit is Singapore’s first and largest listed business space and industrial Real Estate Investment Trust (“REIT”) with a portfolio diversified across four major segments including business spaces, logistics and distribution centres, industrial properties and data centres….Mission.
| Name | A17U.SI |
|---|---|
| Low | 2.950 |
Is Ascendas Reit owned by CapitaLand?
Ascendas REIT is managed by a unit of CapitaLand Investment, which was separated from CapitaLand Investment when the Temasek Holdings-controlled property group restructured this year.
What does Ascendas mean?
to move, climb, or go upward; mount; rise: The airplane ascended into the clouds. to slant upward. to rise to a higher point, rank, or degree; proceed from an inferior to a superior degree or level: to ascend to the presidency. to go toward the source or beginning; go back in time.
Who owns CLA Real Estate Holdings Pte Ltd?
TJ Holdings (III) Pte Ltd.
CLA Real Estate Holdings Pte. Ltd/Parent organizations
(ix) CLA Real Estate is a subsidiary of TJ Holdings III. ————— Total deemed interest of TJ Holdings III 22.56% ======== CLA Real Estate is an independently managed Temasek portfolio company.
When was Ascendas founded?
Overview Suggest Edit
| Type | Private |
|---|---|
| Founded | 2001 |
| HQ | Singapore, SG |
| Website | ascendas-reit.com |
Who founded CapitaLand?
It was established in 2000 through a merger of DBS Land and Pidemco Land, two government-linked real estate developers in Singapore. Temasek Holdings, Singapore’s sovereign wealth fund, has a nearly 40% share. CapitaLand is led by President and Group CEO Lim Ming Yan, who took over in early 2013.
Who owns CapitaLand Singapore?
Temasek Holdings
CLA Real Estate Holdings Pte. Ltd
CapitaLand/Parent organizations
What does ascending the throne mean?
Definition of ascend (to) the throne : to become a king or queen He ascended the throne after the death of his father.
What part of speech is devised?
transitive verb
devise
| part of speech: | transitive verb |
|---|---|
| inflections: | devises, devising, devised |
What does CLA mean in real estate?
A CLA is a conditional loan approval. It’s basically just a form from a bank or other lending institution that proves to the seller of the home that you’ve been pre-approved for a loan to buy the house. It firms up your offer and makes you a more solid candidate. A CLA is very easy to obtain.
What was the IPO price for Ascendas REIT?
S$0.88 per unit
Ascendas Reit, Singapore’s first business space and industrial REIT, is listed on SGX-ST with a portfolio of eight properties worth about $$636 million at an IPO price of S$0.88 per unit.
Is Ascendas now owned by CapitaLand?
On 1 July 2019, Ascendas-Singbridge was officially integrated with CapitaLand Limited (CapitaLand). With this milestone, Ascendas Reit’s Manager 1 and Asset/Property Managers 2 are now wholly-owned subsidiaries of CapitaLand.
What is Ascendas Reit?
Ascendas Reit is Singapore’s first and largest listed business space and industrial REIT, and has presence in Singapore, Australia, the UK and most recently, the US. The REIT is managed by Ascendas Funds Management (S) Limited (the Manager), a wholly-owned subsidiary of CapitaLand.
What does CapitaLand’s acquisition of Ascendas-Singbridge mean for Temasek-owned Ascendas?
CapitaLand’s acquisition of Temasek-owned Ascendas-Singbridge, meanwhile, is on track for completion by end-June this year. It will propel the company into one of Asia’s largest diversified real estate groups with over $123 billion of assets under management.
